Protocol Village: Movement Labs Says ‘Move Virtual Machine’ to Use Celestia, Snowman
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 23-29, with live updates throughout.
Ethereum
Ethereum Layer 2 Blast Has Crypto Users Split on Its Impact
Blast, a layer-2 blockchain that will go live in March, has garnered more than $225 million in staked assets since Monday, but many crypto investors remain skeptical.
New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live
Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February.
Protocol Village: Kinetix Gets Strategic Investment to Build on Gnosis
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 16-22, with live updates throughout.
Ex-Polygon Veteran Wyatt Joins Optimism Foundation Unit in Growth Role
Wyatt, who previously served as president at Polygon Labs and had a stint at YouTube, joins as chief growth officer, where he will be in charge of helping developers build across Optimism’s ecosystem of blockchains.
ETH Soars Above $2K as BlackRock iShares Ethereum Trust Registered as Corporate Entity in Delaware
BlackRock declined to comment on the filing.
Blockchain Staking Firms Update Best Practices Amid ‘Increased Scrutiny’
The new “staking principles,” published by the Proof of Stake Alliance, aim to ensure consumer protections and promote innovation. Signers include Lido, Coinbase, Rocketpool, Blockdaemon.
The Protocol: Kraken Awakens – as Ethereum L2 Candidate
In this week’s edition of The Protocol newsletter, we explain how Kraken is reportedly considering launching its own layer-2 blockchain, following Coinbase’s recent launch of a similar network, amidst a broader trend of companies creating Ethereum-based transaction solutions.
Ether Could Hit $3,000 as Soaring Network Activity Turns Token Deflationary
The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether’s bullish outlook.
The Graph, Known as ‘Google of Web3,’ Plans AI-Assisted Querying
The blockchain indexing protocol released a new roadmap to add features, in one of the project’s biggest upgrades since a $50 million fundraising in 2022.